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20121101
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
, the u.s. is just 53 days to falling off that fiscal cliff. today, president obama is going to deliver a big speech about the economy. one of the main components of the president's spending plan is higher tax rates for the wealthy. that's something that house speaker john boehner doesn't seem to be buying. listen. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> without a budget compromise, drastic cuts amendmently kick in. that, of course, could send the economy spiraling back into a recession. white house correspondent brianna keilar is live for us this morning from washington. john boehner was the guy who said he didn't think a lame duck congress could do big things. what can be done in the next, what did i say, 53 days? >> well, maybe finding some sort of stopgap measure. some sort of framework on tax reform, soledad. i think that's the goal here. the fact is, house republicans and president obama and senate democrats, they don't really have a choice. they have to do something, and that became very clear
in the u.s. 3.5 million customers along the eastern seaboard are still without power this morning. and the economic losses are just staggering. an estimated $30 billion to $50 billion. right now rescue agencies are trying to get food and water to those in need. gasoline, in very short supply in parts of new york and new jersey. long, long lines. now a common sight at many gas stations in the region. people waiting two, three, four hours to get to the pumps. sometimes just to find there's no gas left and yes anger is starting to spill over. some gas station owners have been closing their businesses to let tempers cool down. they're calling in police for help. it's not a good situation. homeland security secretary janet napolitano and top fema officials will visit staten island today to get a look at the devastation there caused by hurricane sandy. yesterday police found the bodies of two young boys, ages 2 and 4, who got swept away by floodwaters. their mother says she begged a man in a nearby house for help but he wouldn't come outside or let her in. the homeowner says he thought
time tomorrow. that jobless rate is forecast to rise slightly to 7.9%. >>> u.s. stock markets reopened yesterday after being closed two days. and they closed mixed on the day. home depot and lowe's both rose, no surprise there. this morning, u.s. stock futures are trading mixed. there are several key economic reports today. jobless claims, construction spending, auto sales, and we're getting a lot of earnings. a lot going on in markets, even as investors in people's 401(k)s are trying to dig out. and it's costing new york city $200 million a day in permanently lost economic activity. >> what are you adding up there? >> that's all the lost business, and that's not even counting, i think, the damage that's going to have to be fixed. this is lost economic activity. this is according to the new york city comptroller's office. businesses, of course, scrambling for fuels, for cars, for generators. logistics are a mess, employees are displaced, customers are displaced, lost productivity, business not getting done, contracts being lost. you get it. >> not even cleanup numbers yet. >> not even
. the u.s. congressional delegation and the state house assembly. so the fact is republicans control the government at all levels by big numbers. and i think that this election is going to be much more like 2010 than 2008. i think governor romney's going to carry pennsylvania. >> ron brownstein you agree with that? >> the big question is as you come down to the very end, where republicans are viewing this, is this electorate going to be like the electorate in 2010. racial distribution, partisan distribution, in it's ideological distribution? 2010 was more white, more republican and more conservative. southwest pennsylvania is going to be very tough for president obama. the white working-class voters there are going to move sharply away from him. but what pat toomey did in 2010 was cut the margin in the poor suburban counties outside of philadelphia to only 20,000 vote deficit. in 2008 barack obama won those same counties by 200,000 votes. the question is whether the social issues that are partient in for romney with white collar, white voters, particularly women are going to be a bar
Search Results 0 to 7 of about 8 (some duplicates have been removed)